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BRLNvsUSLNETF Comparison

ETF 1

BRLN

iShares Floating Rate Loan Active ETF

This fund is part of

US Corporate HY Bonds

-0.04%

Full BRLN fund page

VS

ETF 2

USLN

iShares Broad USD Floating Rate Loan ETF

This fund is part of

US Corporate HY Bonds

-0.04%

Full USLN fund page

iShares Floating Rate Loan Active ETF (BRLN) and iShares Broad USD Floating Rate Loan ETF (USLN) have similar underlying exposures to countries and sectors. They also belong to the same industry segment: US Corporate HY Bonds. BRLN's top 3 sector exposures are Non-Corporate, Consumer Services and Finance. In contrast, USLN's top sector exposures are Non-Corporate, Finance and Industrials. BRLN is more expensive with a Total Expense Ratio (TER) of 0.63%, versus 0.43% for USLN. Run a side-by-side ETF comparison of BRLN and USLN below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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BRLN vs USLN performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/23/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	BRLN USLN	-0.77%-1.08%	+0.47%+0.47%	+2.06%n/a	+3.45%n/a	+21.10%n/a	n/an/a
Flows	BRLN USLN	-$3M+$5M	-$3M+$8M	-$8M-	-$8M-	+$32M-	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	BRLN USLN	+0.86%+1.03%	+1.28%n/a	+1.48%n/a	n/an/a
Max drawdown	BRLN USLN	-0.90%-1.08%	-1.59%n/a	-2.52%n/a	n/an/a
Max drawdown duration	BRLN USLN	31d30d	93dn/a	64dn/a	n/an/a

Trading data

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	BRLN	USLN
Last sale 10/23/2026 at 1:30 PM	$50.11
Previous close 10/22/2026	$50.40
Consolidated volume 10/22/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of September 30, 2026

1-year trailing difference

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BRLN

is actively managed and doesn’t replicate an index

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	BRLN	USLN
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/23/2026 at 1:30 PM

Live

Closed

	BRLN	USLN
Last price	$50.11	–
1D performance	-0.58%	–
AuM	$50.52 M	$29.84 M
E/R	0.63%	0.43%

Characteristics

	BRLN	USLN
Management strategy	Active	Passive
Provider	iShares	iShares
Benchmark	-	Morningstar LSTA US Leveraged Loan Broad Select Index
N° of holdings	1926	1873
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	October 6, 2022	March 3, 2026
ESG	No	No

More BRLN data on Trackinsight

More USLN data on Trackinsight

Exposure

Countries

BRLN

USA

16.38%

Other

83.62%

USLN

USA

14.67%

Other

85.33%

Sectors

BRLN

Non-Corporate

12.42%

Other

87.58%

USLN

Other

100%

Diversification

BRLN

Total weight of top 15 holdings out of 15

21.31%

USLN

Total weight of top 15 holdings out of 15

17.86%

Top 15 holdings

Data as of August 31, 2026

BRLN

BlackRock Cash Funds - Treasury

12.42%

US43644ABL26

0.74%

US01957TAX54

0.70%

US08078UAQ67

0.69%

US96350TAH32

0.69%

XAD9000BAJ17

0.67%

US90266UAM53

0.66%

US67123SAB51

0.64%

US01881UAN54

0.63%

US00186XAQ60

0.63%

US37156QAZ90

0.61%

US34416DBD93

0.58%

US44332EAZ97

0.56%

US62937NBC02

0.55%

US89364MCA09

0.55%

USLN

BlackRock Cash Funds - Treasury

5.17%

US89841EAB11

1.06%

US07014QAP63

0.99%

US59909TAE47

0.99%

US78466DBJ28

0.97%

US11132VAY56

0.97%

US74345HAL50

0.97%

US57906HAF47

0.93%

US22526WAU27

0.87%

US04686RAF01

0.87%

XAN8137FAE06

0.87%

US43644ABL26

0.86%

XAG4712JBB70

0.83%

XAC8000CAR43

0.77%

US74339NAG16

0.75%

Frequently asked questions about BRLN and USLN

Which ETF is bigger: BRLN or USLN?

As of October 23, 2026, BRLN holds $50.52 M in assets under management (AUM), while USLN manages $29.84 M.

What are the top holdings of the BRLN ETF and USLN ETF?

BRLN top holdings include BlackRock Cash Funds - Treasury, US43644ABL26 and US01957TAX54. USLN holds in its top three: BlackRock Cash Funds - Treasury, US89841EAB11 and US07014QAP63.

BRLNvsUSLNETF Comparison

iShares Floating Rate Loan Active ETF

iShares Broad USD Floating Rate Loan ETF

BRLN vs USLN performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

Which ETF is bigger: BRLN or USLN?

As of October 23, 2026, BRLN holds $50.52 M in assets under management (AUM), while USLN manages $29.84 M.

What are the top holdings of the BRLN ETF and USLN ETF?

BRLN top holdings include BlackRock Cash Funds - Treasury, US43644ABL26 and US01957TAX54. USLN holds in its top three: BlackRock Cash Funds - Treasury, US89841EAB11 and US07014QAP63.

Which ETF is more diversified: BRLN or USLN?

BRLN holds 2303 securities with 21.31% of its assets in the top 15. USLN has 2133 securities and a top 15 weight of 17.86%.

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